Vision 2030

ENERGY

Saudi Arabia Eyes Major Domestic Energy Conservation by 2030, Al Falih Says

200 gigawatts of solar could provide 95 percent of the country’s current electricity needs.
Saudi Arabia expects to throttle back domestic energy consumption by 2030 by up to the equivalent of 2m barrels of oil per day, in line with the Kingdom's Vision 2030 economic and social reform initiative, according to comments made by Khalid Al-Falih published by Reuters.

SAUDI ARAMCO

Saudi Aramco CEO: ‘We Need a Major Acquisition For Us to Be In Different Markets Quickly’

amin-nasser-bloomberg
In an interview with Bloomberg, Saudi Aramco's CEO Amin Nasser said the company is earmarking $500 billion to invest over the next 10 years, including $160 billion for natural gas developments and $100 billion for chemicals projects.

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